XYZ (Proprietor) is registered with GST. 1) Owning Sweet and Namkeen Shops and Manufacturing Factory of Sweets and Namkeen. 2) Owning Commercial Premises given on rent. On both activities XYZ is charging GST. Now, the Sweet and Namkeen activity to be converted from Proprietor to Private Limited Company and the Commercial Premises will continue to be in the name of Proprietor. What is the procedure to be followed for this changed scenario?
Menu
Conversion from Proprietor to Pvt. Ltd. Company
Replies (3)
Quick Summary
For pvt ltd. company, a new GST registration need to be carried out, while rental income will get assessed in proprietors file.
Both activity will get segregated with 2 GST nos. & even two different PANs..
One pan for propreitor.
one pan for commercial business.
one pan for commercial business.
To execute Article of association,
It to be registered with New pan in the name of company with power of attorney or in the power of MD .
Registered office may chage after starting the company.Till the change to old premises,use temporary address given ,in the new application for pvt ltd company.
It to be registered with New pan in the name of company with power of attorney or in the power of MD .
Registered office may chage after starting the company.Till the change to old premises,use temporary address given ,in the new application for pvt ltd company.
Recent Topics :
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
Related Topics :
CAclubindia
